Jackson Financial completes separation from UK insurer Prudential

Insurer Jackson Financial Inc. has completed its separation from Prudential plc through a demerger.

Lansing, Michigan-based Jackson, now an independent company, expects that its Class A common stock will begin “regular way” trading under the ticker symbol JXN on the New York Stock Exchange next Monday. The stock currently trades on a “when-issued” basis.

[More: Jackson National top seller of annuities in 2020]

Prudential plc, a giant British insurer, is not related to U.S.-based Prudential Financial. 

[More: Jackson National’s new variable annuity hints at annuities’ future post-DOL fiduciary rule]

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Andrew is half-human, half-gamer. He’s also a science fiction author writing for BleeBot.

Andrew Vincent
Andrew is half-human, half-gamer. He's also a science fiction author writing for BleeBot.
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